Liberty Star Uranium & Metals Corp. announced that it has entered into securities purchase agreement to issued convertible promissory note for gross proceeds of $100,000 on February 23, 2024. The transaction will include participation from returning investor, 1800 Diagonal Lending, LLC.

The note bears rate of interest of 10%. The notes are issued at a discount of 16.67% and will mature on November 30, 2024. Pursuant to the terms of the note, the outstanding principal and accrued interest on the note shall be convertible into shares of the company?s common stock as set forth therein.

The company shall incurred expenses of $5,000 as legal and due diligence fee on behalf of the investor.